Attached files
| file | filename |
|---|---|
| EX-31.1 - SECTION 302 CEO CERTIFICATION - CYTEC INDUSTRIES INC/DE/ | cyt-6302015xex311.htm |
| EX-31.2 - SECTION 302 CFO CERTIFICATION - CYTEC INDUSTRIES INC/DE/ | cyt-6302015xex312.htm |
| EX-32.1 - SECTION 906 CEO CERTIFICATION - CYTEC INDUSTRIES INC/DE/ | cyt-6302015xex321.htm |
| 10-Q - 10-Q - CYTEC INDUSTRIES INC/DE/ | cyt-6302015x10q.htm |
| EX-32.2 - SECTION 906 CFO CERTIFICATION - CYTEC INDUSTRIES INC/DE/ | cyt-6302015xex322.htm |
Exhibit 12 | |||||||||||||||||
Cytec Industries Inc. | |||||||||||||||||
Computation of Ratio of Earnings to Fixed Charges | |||||||||||||||||
(Dollar amounts in millions) | |||||||||||||||||
Three Months Ended June 30, | Six Months Ended June 30, | ||||||||||||||||
2015 | 2014 | 2015 | 2014 | ||||||||||||||
Earnings from continuing operations before income taxes, | |||||||||||||||||
equity in earnings of associated companies, minority interest | |||||||||||||||||
and cumulative effect of accounting change | $ | 79.8 | $ | 90.5 | $ | 137.1 | $ | 164.2 | |||||||||
Add: | |||||||||||||||||
Amortization of capitalized interest | 0.5 | 0.5 | 0.9 | 0.8 | |||||||||||||
Fixed charges | 9.0 | 10.8 | 18.0 | 21.2 | |||||||||||||
Less: | |||||||||||||||||
Capitalized interest | (4.1 | ) | (6.9 | ) | (8.4 | ) | (13.3 | ) | |||||||||
Earnings as adjusted | $ | 85.2 | $ | 94.9 | $ | 147.6 | $ | 172.9 | |||||||||
Fixed charges: | |||||||||||||||||
Interest on indebtedness including amortized premiums, | |||||||||||||||||
discounts and deferred financing costs | $ | 8.2 | $ | 10.1 | $ | 16.4 | $ | 19.8 | |||||||||
Portion of rents representative of the interest factor | 0.8 | 0.7 | 1.6 | 1.4 | |||||||||||||
Fixed charges | $ | 9.0 | $ | 10.8 | $ | 18.0 | $ | 21.2 | |||||||||
Ratio of earnings to fixed charges | 9.5 | 8.8 | 8.2 | 8.2 | |||||||||||||